Registration of securities issued in business combination transactions

Restatement to Earnings Per Share Presentation (Tables)

v3.21.2
Restatement to Earnings Per Share Presentation (Tables)
9 Months Ended
Sep. 30, 2021
Restatement to Earnings Per Share Presentation  
Schedule of impact of the restatement on financial statements

CONDENSED STATEMENTS OF OPERATIONS

For the three months ended March 31, 2021

    

As Reported

    

Restatement

    

As Restated

Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption

 

34,500,000

 

(23,000,000)

 

11,500,000

Basic and diluted net income (loss) per share, Class A common stock subject to possible redemption

$

$

(0.06)

$

(0.06)

Basic and diluted, weighted average shares outstanding – Class A and Class B non-redeemable common stock

 

7,887,500

 

(12,500)

 

7,875,000

Basic and diluted net income (loss) per share, common stock

$

(0.15)

$

0.09

$

(0.06)

CONDENSED STATEMENTS OF OPERATIONS

For the three months ended June 30, 2021

    

As Reported

    

Restatement

    

As Restated

Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption

 

34,500,000

 

 

34,500,000

Basic and diluted net income (loss) per share, Class A common stock subject to possible redemption

$

$

0.19

$

0.19

Basic and diluted, weighted average shares outstanding – Class A and Class B non-redeemable common stock

8,625,000

8,625,000

Basic and diluted net income (loss) per share, common stock

$

0.96

$

(0.77)

$

0.19

CONDENSED STATEMENTS OF OPERATIONS

For the six months ended June 30, 2021

    

As Reported

    

Restatement

    

As Restated

Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption

 

34,500,000

 

(11,436,464)

 

23,063,536

Basic and diluted net income (loss) per share, Class A common stock subject to possible redemption

$

$

0.23

$

0.23

Basic and diluted, weighted average shares outstanding – Class A and Class B non-redeemable common stock

 

8,258,287

 

 

8,258,287

Basic and diluted net income (loss) per share, common stock

$

0.86

$

(0.63)

$

0.23